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Telekom Austria: Slim Expected to Invest Further

Published: June 21, 2012; 19:41 · (Vindobona)

The Mexican investor controls about 26.9% of Telekom Austria´s shares. An increase of up to 50% is possible.

Telekom Austria: Slim Expected to Invest Further / Picture: © Wikipedia / José Cruz

At the moment, ÖIAG has a 28.4% stake in Telekom Austria. The new shareholder Slim has a  27% stake. The free float at Telekom Austria comes at 21%.

Last Friday it was announced that America Movil agreed to buy the 21% stake in Telekom Austria from investors Ronny Pecik/Naguib Sawiris. Carlos Slim’s wireless company purchased 5% of the shares immediately and will buy the…

This article includes a total of 224 words.

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